A long-term deal didn’t make a lot of sense after Jhoulys Chacin‘s poor 2012 season, but the right-hander and Rockies did find common ground on a two-year, $6.5 million pact on Saturday.

The deal takes care of Chacin’s first two years of arbitration. He’ll again be eligible for arbitration in 2015 before he qualifies for free agency following that season.

The 25-year-old Chacin asked for $2.6 million and was offered $1.7 million in arbitration Assuming that the two sides would have settled at the $2.15 million midpoint, this essentially gets him under control for 2014 at $4.35 million.

Chacin looked like one of the NL’s most promising young pitchers two years ago, posting ERAs of 3.28 and 3.62 and WHIPs of 1.27 and 1.31 in his first two seasons with the Rockies. Adjusting for Coors Field, those were particularly strong marks.

Chacin, though, struggled right from the get-go in 2012, showing neither his usual velocity nor a quality slider before being diagnosed with shoulder inflammation and, later, a nerve issue in his chest. He did rebound at the very end of the season, though, going 3-2 with a 2.84 ERA in his last nine starts.